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Latest SERV News From Around the Web
Below are the latest news stories about SERVE ROBOTICS INC that investors may wish to consider to help them evaluate SERV as an investment opportunity.
Serve Robotics Rockets 94% in a Month as $80M Stock Offering Fuels Investor OptimismServe Robotics announces $80M stock offering as shares soar, reflecting investor confidence in its growth trajectory. |
Serve Robotics Announces $80 Million Registered Direct Offering of Common StockSAN FRANCISCO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, announced today that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 4,210,525 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $80.0 million, before deducting placement agent fees and other |
Serve Robotics secures $86M in new financing in DecemberServe Robotics (SERV) raised gross proceeds of $86M during December 2024, bringing total gross proceeds raised in 2024 to $167M. Since its spinout from Uber in 2021, the Company has secured approximately $220 million in total funding. The additional December 2024 funding includes proceeds raised through Serve’s previously filed ATM facility and the exercise of warrants. As of December 31, 2024, Serve had a total of approximately 51.5M shares of common stock issued and outstanding. This infusion |
Serve Robotics Secures $86 Million in New Financing in December, Solidifying Liquidity Position to Transform Last-Mile DeliveryNew capital brings total raised in 2024 to $167 millionSAN FRANCISCO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve” or the “Company”) (Nasdaq: SERV), a leading autonomous delivery company, today announced that it raised gross proceeds of $86 million during December 2024, bringing total gross proceeds raised in 2024 to $167 million. Since its spinout from Uber in 2021, the Company has secured approximately $220 million in total funding. The additional December 2024 funding includ |
Serve Robotics Announces Appointment of Lily Sarafan to its Board of DirectorsSAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as exe |
Why Serve Robotics (SERV) Is One of the Best AI Stocks to Invest in Under $10?We recently published a list of 12 Best Artificial Intelligence Stocks To Invest In Under $10. In this article, we are going to take a look at where Serve Robotics Inc. (NASDAQ:SERV) stands against the other best artificial intelligence stocks to invest in under $10. The tech market is poised for an explosive growth phase […] |
Serve Robotics Appoints Anthony Armenta as Chief Software & Data OfficerAnthony Armenta Former Postmates and GM executive Anthony Armenta will step in as Serve Robotics Chief Software and Data Officer SAN FRANCISCO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the appointment of former Postmates and GM executive Anthony Armenta as Chief Software and Data Officer. In the newly created role, Armenta will lead the development and strengthening of Serve's software, AI, and |
Serve Robotics to Acquire Autocado Robot Maker Vebu, Expanding Automation OfferingServe Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous robotic delivery company, today announced its agreement to acquire the assets of Vebu Inc. ("Vebu"), a trailblazer in full-stack automation and robotics solutions for restaurant partners. Financial terms of the all-stock transaction were not disclosed. |
Serve Robotics Announces Date of Third Quarter 2024 Financial Results and Conference CallServe Robotics (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it will release its financial results for the third quarter ended September 30, 2024 after U.S. markets close on Thursday, November 7, 2024. Company management will host a conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET to discuss the financial results and provide a corporate update. |
Serve Robotics initiated with an Outperform at NorthlandNorthland initiated coverage of Serve Robotics (SERV) with an Outperform rating and $16 price target As GenAI is changing the landscape for human-to-computer interactions, physical AI is similarly advancing machine-to-physical world interactions, notes the analyst, who views Serve Robotics as “on the leading edge of physical AI.” The company, which is providing autonomous mobile robots for public spaces, offers robots that materially lower delivery costs in the “initial big use case” of food del |